Notifications, Scrip Scan

Daily Bulletin (1st July, 2019)

Scrip Sanctuaries for protection from the wildlife in this jungle of Indian Equities

Daily Bulletin (1st July, 2019)

There are no current notifications of our companies on this date

1. Scrip code : 524208
Name : Aarti Industries Ltd
Subject : Corporate Action-Updates on Amalgamation/ Merger / Demerger
Updates/Snopsis of Record Date for Demerger

2. Scrip code : 540975
Name : Aster DM Healthcare Limited
Subject : Announcement under Regulation 30 (LODR)-Acquisition
With reference to the captioned subject, we would like to inform that Malabar Institute of Medical Sciences Limited (‘MIMS’), a subsidiary of Aster DM Healthcare Limited (‘Company’), has incorporated a Limited Liability Partnership, Ezhimala Infrastructure LLP, in India. MIMS owns 40% ownership in Ezhimala Infrastructure. The details required as per Circular Number CIR/CFD/CMD/4/2015 dated September 09, 2015 pertaining to continuous disclosure requirements for Listed Entities under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, has been enclosed as Annexure I. We request you to kindly take the above information on record.

3. Scrip code : 524648
Name : Indo Amines Ltd.
Subject : Announcement under Regulation 30 (LODR)-Acquisition
Acquisition of 60% equity shares of M/s Ashok Surfactants Private Limited by way of transfer from existing equity shareholders of M/s Ashok Surfactants Private Limited to the Company.

4. Scrip code : 531109
Name : Ishan Dyes & Chemicals Ltd.
Subject : Corporate Action-Outcome of Right issue In continuation of our letter dated April 23, 2019 informing the issue of up to 51,81,762 Equity Shares of Rs.10/- each at a price of Rs. 27/- per Equity Share on a rights basis to the existing shareholders of the Company on the record date (‘Rights Issue’), this is to inform you that the Board of Directors of the Company has, at its meeting held on Saturday, June 29, 2019, inter alia: 1. Approved the Letter of Offer to be filed with BSE Limited, the SEBI and to be dispatched to the existing shareholders of the Company as on Record Date; 2. Fixed the Rights Issue Schedule as follows: Issue Opening Date Friday, July 12, 2019 Last date for request of Split Application Form Friday, July 19, 2019 Issue Closing Date Friday, July 26, 2019 The meeting commenced at 01.00 PM and concluded at 02.00 PM.

5. Scrip code : 524330
Name : Jayant Agro-Organics Limited.
Subject : Allotment Of Bonus Equity Shares
With reference to the captioned subject matter, we wish to inform that, the Bonus Committee at its meeting held today, i.e. 3rd August, 2017, has allotted 1,50,00,000 bonus equity shares of Rs.5/- each in the ratio 1:1 to those shareholders whose names have appeared in the register of members/ list of beneficial owners as on the closing hours of 2nd August, 2017 being the record date for this purpose. The said Bonus shares shall rank pari-passu with the existing equity shares in all respects except that they shall not be entitled to the final equity dividend in respect of financial year ending March 31, 2017. Consequent to the bonus issue, the paid up share capital of the Company stands increased to Rs. 15,00,00,000/- consisting of 3,00,00,000 equity shares of Rs.5/- each fully paid up. Kindly take the above on record and oblige.

6. Scrip code : 533148
Name : JSW Energy Limited
Subject : Announcement under Regulation 30 (LODR)-Updates on Acquisition
Vide our letter dated 3rd May, 2016, we had informed you about the Company agreeing to acquire the 1000 MW (4×250 MW) thermal power plant located at Village Tamnar, District Raigarh in the state of Chhattisgarh from Jindal Steel and Power Limited. Further, vide letter dated 28th June, 2018, we had informed you that as the conditions precedent were yet to be completed, it was decided to extend the Long Stop Date from 30th June, 2018 to 30th June, 2019. We now wish to inform you that with the elapsing of the Long Stop Date without completion of the stipulated conditions precedent, the proposed acquisition of the said power plant stands terminated. The above is for your kind information and record.

7. Scrip code : 532663
Name : Sasken Technologies Limited
Subject : Buy-back Offer
Vivro Financial Services Private Limited (“Manager to the Buy-back Offer”) has submitted to BSE a copy Public Announcement for the attention of the Equity Shareholders / Beneficial Owners of Equity Shares of Sasken Technologies Ltd (“Target Company”) for the buy-back of Equity Shares through the Tender Offer Route as prescribed under the Securities and Exchange Board of India (Buy-Back of Securities), Regulations, 2018.

8. Scrip code : 532371
Name : Tata Teleservices (Maharashtra) Ltd.
Subject : Announcement under Regulation 30 (LODR)-Scheme of Arrangement
In furtherance to our previous intimations in this regard, we wish to inform you that pursuant to fulfilment of the conditions set out in clause 9 of Part D of the Scheme, the Scheme has become effective today i.e. July 01, 2019. Further, TTML and Airtel have agreed that Friday, July 12, 2019 shall be the ‘Record Date’ for the purpose of reckoning the equity shareholders and holders of redeemable preference shares of TTML, who will be entitled to receive consideration pursuant to the Scheme in the following ratio: a) 1 (one) equity share of Airtel for every 2,014 (two thousand fourteen) equity shares each held in TTML on the Record Date; and b) 10 (Ten) fully paid-up redeemable, non-participating, non-cumulative preference shares of face value INR 100 (Rupees hundred only) of Airtel to all (and not each) shareholders holding fully paid-up, redeemable preference shares of TTML in proportion to their holding of redeemable preference shares of TTML on the Record Date. This intimation is provided in accordance with the requirements of Regulations 30 and 42(1)(e) of the SEBI (Listing Obligations and Disclosures Requirements) Regulation, 2015.

9. crip code : 511742
Subject : Announcement under Regulation 30 (LODR)-Scheme of Arrangement
Intimation of approval of the Hon’ble National Company Law Tribunal, Mumbai Bench to the scheme of arrangement between Asia Pragati Capfin Private Limited and UGRO Capital Limited (formerly known as Chokhani Securities Limited) and their respective shareholders and creditors under section 230-232 read with section 52 and section 66 of the Companies Act, 2013

Excerpts from Gaurav’s Blog

  Rest in Peace now Gerela Saab  ! Mr S T Gerela ex GM of BSE passed away peacefully this morning We had not met in years but he always remained at the top of my mind when it came to testimonials for this is what he had said to me over a decade ago,when […] [...]

Vedanta de-listing offer price Rs 87.50~Come on Mr Anil Agarwal ! Promoter Group of  Vedanta Ltd has proposed a voluntary de-listing at an indicative offer price of Rs 87.50~are the over 7.3 lakh minority shareholders from Alibag !? …apologies to the people of Alibag Some would term this as De-listing Duplicity ~ but I would […] [...]

This is a Riskless Reliance Industries Rights Investment Strategy for those over 2.3 Million Shareholders already holding RIL shares. It is not a recommendation to buy RIL cum rights  It’s a no brainer yet I’m just penning a brief note because some have told me they hold Reliance but are skipping the Rights ! Don’t […] [...]

 Wealth is negotiable, Health is not Your Personal Well Being is more important that the Stock Market Well Being ~ Always & more so in this unfathomable ongoing Covid-19 Reality Above’s a three minute reach out by me last night to all connected with me to reinforce this .It’s also posted on Facebook , […] [...]

Yes Bank ~ Has the RBI & MOF lost it !? SEBI really is a bystander here Controversial Lock In Clause 3 Sub Clause 8 (a) in the Scheme of Reconstruction  No wonder the Finance Minister Mrs Nirmala Sitharaman, while highlighting only selected points, even when asked for details of the Scheme,did not want to […] [...]